Saturday 30 May 2015
 
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Jazeera Airways

Jazeera shareholders approve $66m cash dividends

Shareholders of Kuwait-based Jazeera Airways Group today approved a board proposal for the cash distribution of KD20 million ($66 million) as special dividend for the year 2014. The proposal was approved during the company’s

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Jazeera flies high with 44pc Q1 net profit

Kuwait-based Jazeera Airways Group has reported a net profit of KD3 million ($9.9 million) in the first quarter, up 44.6 per cent from the same period last year. The group also registered an operating revenue of KD12.9 million ($42.6 mi

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Jazeera Board recommends record dividend

Jazeera Airways, a Kuwait-based airline, recommended record dividends and payments to shareholders totalling up to KD50 million ($166.4 million) in the form of special dividends for 2014 and a share buyback programme. All payments

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Jazeera Airways to sell 15 Airbus A320s for $507m

Kuwait-based Jazeera Airways plans to sell 15 Airbus A320 aircraft owned by its fully-owned Sahaab Aircraft Leasing for $507 million as part of a strategic shift to a leased aircraft operation and a focus on the passenger airline business.

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Tawasul, Travsys renew Jazeera network services contract

Tawasul Telecom, a leading telecom services company in the Middle East, and aviation software solutions company Travsys have renewed its contract with Kuwait’s Jazeera Airways for an additional three years, providing global area managed ne

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Jazeera Airways reports 5pc increase in passengers

Kuwait-based Jazeera Airways has reported a 5 per cent increase in the total number of passengers in September compared to the same period last year. The airline witnessed an on-time performance of 96 per cent and also reported a 9 per

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Jazeera official carrier of Nuqat Creative Conference

Kuwait-based Jazeera Airways partnered with Nuqat, a pioneer cultural organiser in the Arab world, as the official carrier of this year’s Nuqat Creative Conference. Around 24 artists and creatives presenting in the Conference had

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As oil price slides, Gulf's private business may benefit

Kuwait's privately owned Jazeera Airways is preparing to bid for a big stake in state-run flag carrier Kuwait Airways, Jazeera's chairman told Reuters. If the deal goes through, it will be a sign that the business scene is changing in th

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Jazeera Airways Q3 profits soar 22.6pc

Kuwait-based Jazeera Airways Group today announced a record net profit of KD8.1 million ($28 million) for the third quarter of this year, up 22.6 per cent from KD6.6 million ($22.82 million) during the same period in 2013, making it the company&

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Jazeera passenger numbers up 26pc

Jazeera Airways, a Kuwait-based low-cost airline, witnessed a 26 per cent increase in the number of passengers during August this year, compared to the same period last year, the airline said. The airline also saw a 19 per cent increase

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